Economy

Resistance-based economy does not mean shutting the doors to outside world

Iran's big names in economics lend support to what the Supreme Leader has outlined as the general policies of resistance-based economy.

Figures that have done a number on Greek life

Official statistics released in Greece show that people are crunching a set of new numbers in the wake of the country’s debt crisis.

Iran ready to introduce single forex system

A single forex rate system will be possible only after financial markets witness relative calm, said Tayyebnia.

Imports, contraband inflicting damage on Iran’s economy: Leader

Today, the pressure of imports is crippling the country, and there are very peculiar figures for the inflow of contraband to the country, said the Leader.

With or without sanctions, we’ll pursue resistance-based economy: VP

Eshagh Jahangiri described resistance-based economy as one which remains unfazed in the face of local and foreign shocks.

Time is perfect to cut dependence on oil: Economy minister

Dr. Ali Tayyebnia said the present juncture offers the best opportunity to reform the economy and cut dependence on oil.

Iran’s economic woes predate sanctions: Larijani

Economic independence is not tantamount to slamming the doors shut to the world, said Iran’s Parliament Speaker Ali Larijani.

WTO stresses support for Iran’s tourism industry

WTO Secretary-General Taleb D. Rifai has underlined that the World Tourism Organization is planning to help with promotion of tourism industry in Iran.

Iran ready to export technical services to Egypt: Deputy minister

Tehran-Cairo disputes have never been deep-rooted; both nations have a common stand on various regional and international matters, said Khazaei.

IMF calls Iran 2nd biggest economy in ME, N. Africa, Central Asia

The International Monetary Fund has said in its latest report that Iran is the second biggest economy in the Middle East, North Africa, and Central Asia.

Iran seeks alternative ways to increase non-oil revenues

President Rouhani has said that Iran should invest more in new technologies and related areas to increase its non-oil revenues.

Foreign gain with Iranian pain

Importers of Iranian products prefer to buy goods in bulk and have them packed to sell them to other countries to make huge profits leaving Iranian producers no share of the profits.

Nahavandian consults with Turkish envoy on preferential tariffs

Iran’s economy should be competitive to progress and in doing so private sectors of the two countries should feel balanced benefits.

Iranian oil exports to Asian states jump by nearly 20% in 2014

December oil imports into Asia rose 22.1 percent over last year to 1.21 million barrels per day, the highest since May.

Iran parliamentary committee cuts National Development Fund’s share of oil

The share of National Development Fund of Iran from oil revenues has decreased to 20 percent from a previous 26 percent.

State oil ownership is in contradiction with democracy

Farhad Nili, the director of the Monetary and Banking Research Institute, has said that an economy without oil can be envisioned for Iran.

Individual actions have no place in the world

The Chairman of the Expediency Council has said in a message to an International Brand Strategy Conference that Iran’s dignity is closely interwoven with the quality products it makes at home or sends abroad.

Sliding crude prices at the expense of alternative energies

Mohsen Renani, a university professor, says he does not buy arguments that Saudi Arabia has refused to reduce its output only to undermine Russia, Syria and Iran.

Iran, China ties strategic: Velayati

Iran is keen to boost ties with China and views its relations with Beijing as strategic, said Ali Akbar Velayati.

Tumbling oil prices have opened up an opportunity for Iran

Economy Minister Ali Tayyebnia has said that government is trying to turn the threat posed by falling oil prices into an opportunity for the country.

Iran to enforce preferential tariff with Kazakhstan, Eurasia

Underscoring Iran’s determination to expand ties with Kazakhstan, the head of the Trade Development Organization voiced Tehran readiness to clear any hurdle.

Iranians won’t forget China’s cooperation over the years

The secretary of the Expediency Council says that Iran and China can make joint investment in Iraq if China fully cooperates with Iran.

Italian Companies Eyeing Investment in Iran

We did not expect to see the Iranian people and companies in such welfare and comfort: rather we thought that the sanctions have paralyzed the life and economy of Iran, said Silvano Pascuno.

Nobakht: Iran to face no budget deficit even if oil prices drop further

The government is going to spend more economically if its anticipated oil revenues for next year’s budget bill are not materialized.

Tokyo’s banking channels at Tehran’s disposal

Seyyed Abbas Araghchi, a deputy Iranian foreign minister, talks about Tehran-Tokyo ties in the wake of the Geneva interim deal.

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